Author: Kat

Recently Civic Ledger was accepted as a member of the Australian Water Partnership – an initiative of the Department of Foreign Affairs and Trade.

The purpose of the AWP is to support public and private partnerships for sharing Australia’s water sector expertise in the Indo-Pacific region.

The acceptance of a civic-tech company which builds blockchain based distributed platforms for the trading of sustainable resources like water clearly demonstrates that there is a role for emerging technology to work along side Industry Experts to solve the problem of water scarcity.

We look forward to working with AWP in collaboration with international partners in aid-eligible countries in South Asia, South-East Asia, East Asia and the Pacific, and with other Indo-Pacific countries.

In partnership with Standards Australia and the Australian Digital Commerce Association (ADCA), Civic Ledger is to join Austrade’s 2017 Australian Blockchain Mission to China (10-19 September 2017).

In addition to three-day access to the 3rd Global Blockchain Summit, mission highlights include an exclusive program of briefings, industry roundtable discussions and networking events in Shanghai with China’s leading influencers in blockchain development and adoption, including those advising the Chinese government on domestic blockchain standards. A curated pre-Summit extension has been added to the mission, with a VC investor program in Beijing with prominent global Venture Capital funds and Chinese investors consortium.

Civic Ledger will also enjoy the opportunity to boost its China market experience by attending the Australian Landing Pad Shanghai Bootcamp alongside accredited Landing Pad participants.

Civic Ledger will be travelling with its Venture Partner, Saipen Ventures, an Australian fintech-focused venture capital firm.

At Civic Ledger we often get asked where are blockchain technologies likely to deliver significant value in Local Government?

Although potentially very wide in their scope of application, blockchain technologies are more likely to deliver significant value when deployed in situations involving one or more of the following business needs for local government:

Reconciliation of data: such as where there are multiple department or functional area participants whose separate stores of data require periodic reconciliation.

Reduction in duplication: for example, where parts of the same Council maintain multiple records of the same data for use in various aspects of the lifecycle of a single transaction or for use in different transactions e.g. payments, receipts, customer transactions.

Auditability: where record-keeping of immutable records is required (whether for regulatory purposes or otherwise) e.g. issuing of entitlements and benefits i.e. licences, permits and approvals.

Authentication: where proof of the identity of the counterparty and verification of the origination of transaction are essential for commercial or regulatory reasons e.g. procurement, contract management, tendering.

Case Study: Local Government exploring blockchain technology to solve the problem of residential parking.

Go on Facebook and you are likely to find somebody has set up a page to trade Council entitlements such as waste or parking vouchers. Whilst enterprising for the person who wants to trade, it leaves Councils not only in the dark about who has what entitlement but also without an income.

To solve this problem, an Australian city council is using blockchain to enable residents to trade surplus parking entitlements. Blockchain will enable peer-to-peer markets for customers that can legally trade Council issued entitlements. By enabling customers to self-service and self-manage their transactions with council, there are wins for both customer and council including:

 Increased transparency for council
 Speed of transaction for customers
 Reduced fraud and counterfeiting
 Addressing the social challenges with parking

This inaugural event had four world class speakers covering the following four topics.

Alan Tsen is the CEO of Fintech Victoria discussed the Fintech scene in Victoria and Australia as a whole, the relevance Fintech plays in the near future and how this technology can be used in boosting local economies such as Tasmania.

Grantly Miles, CEO of Civic Ledger discussed ways in which blockchain architecture can solve present day problems around the licences and registrations that governments currently administer.

Damian Ivereigh outlined the imminent addition of 1gb internet speeds in Tasmania and the impact that this will have on unleashing the potential of Fintech and other high tech applications in Tasmania.

Mike Cruse from Definium demonstrated the high tech manufacturing facility based in Launceston that can design and manufacture custom IoT, Sensors and blockchain components.

The 3rd annual blockchain technology summit presented by CoinDesk will be held in May 22-24 2017 at the New York Marriott Marquis, USA.

Australian companies involved in blockchain technology have been invited to join the Australian Blockchain Mission to Consensus 2017, New York. Civic Ledger is excited to be part of the Australian delegation travelling to New York in 2017.

The program will give Australian blockchain companies like Civic Ledger access to targeted networking events and briefings in conjunction with Consensus 2017.

Austrade and the Australian Digital Currency Commerce Association (ADCCA), in partnership with the Governments of New South Wales, Victoria and Data61, regard New York City as a vital research, development and deployment market for the disruptive technology and believe the mission will profile Australia as a key player in the development of blockchain technology.

The Symposium’s aim was to step Brisbane into the global blockchain conversation.

The Panel shared their insights to the governance and innovation opportunities for industry leaders, executives, policy makers and professionals in public sector markets, industry, law, finance, academia and technology.

The Symposium was a sold out event with 150 people in attendance.

We were very grateful to the Local Government Association of Queensland for their generous sponsorship, Fishburners for the complementary use of its space, the Good Beer Co, Australia’s first social enterprise beer company, for ensuring our guests were refreshed and to Carolyn Cooke from Creative Consulting for her event management talents.

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Address
Level 3, The Capital
155 Queen Street
Brisbane, Qld 4000

Level 26, 1 Bligh Street
Sydney, NSW 2000

For business inquiries email business@civicledger.com

For press inquiries email
media@civicledger.com

Company Details

Copyright 2016-2018 Civic Ledger Pty Ltd

ABN: 70 614 926 171
ACN: 614 926 171

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Agtech and Blockchain Industry Briefing in #Brisbane.. Who would have thought 3 years ago this would be possible for the two to interact and start new conversations! @leanne_kemp @DavidLambPrecAg @AmChamAU @AmCham_QLD #blockchain #agtech #water